5 C’s of Credit When applying for a home loan there are five things mortgage lenders looks at in evaluating your application. They are known as the 5 C’s of credit. Credit Profile This is generally measured by your credit score, payment history, & balances on accounts compared to credit limits. Capacity to Repay Employment… Continue reading The 5 Cs of Credit
Month: October 2015
Benefits of Owning a Home
It seems like owning a home makes sense. You get to design, add, subtract, and make it anything you want it to be. But, does owning a home make cents? (see what we did there?) As it turns out, owning a home does make financial sense, especially in the long term. Check out these 7… Continue reading Benefits of Owning a Home